Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of Supplemental Information Related to Operating Leases

Supplemental information related to the Company’s operating leases is as follows (in thousands):

	Classification in Unaudited Condensed Consolidated Statements of Financial Condition	As of June 30, 2019
Assets
Operating lease right-of-use assets	Other assets	$	176,087
Liabilities
Operating lease liabilities	Accounts payable, accrued and other liabilities	$	193,055

Schedule of Weighted-Average Remaining Lease Term and Discount Rate

	As of June 30, 2019
Weighted-average remaining lease term
Operating leases (years)		7.7
Weighted-average discount rate
Operating leases		5.8	%

Schedule of Components of Lease Expense

The components of lease expense are as follows (in thousands):

	Classification in Unaudited Condensed Consolidated Statements of Operations	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
Operating lease cost	Occupancy and equipment	$	11,903	$	24,137

Schedule of Maturity Analysis of Operating Lease Liabilities

The following table shows the Company’s maturity analysis of its operating lease liabilities as of June 30, 2019 (in thousands):

2019	$	18,862
2020		30,397
2021		23,238
2022		26,477
2023		22,389
Thereafter		139,376
Total	$	260,739
Interest		(67,684	)
Total	$	193,055

Schedule of Cash Flow Information Related to Lease Liabilities

The following table shows cash flow information related to lease liabilities (in thousands):

	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
Cash paid for obligations included in the measurement of lease liabilities	$	11,132	$	22,904

Schedule of Prior Lease Guidance, Undiscounted Minimum Lease Payments

Under the prior lease guidance, undiscounted minimum lease payments as of December 31, 2018 were as follows (in thousands):

2019	$	40,254
2020		25,510
2021		24,548
2022		28,053
2023		26,346
Thereafter		152,884
Total	$	297,595